Terrorism Insurance: Where Do We Stand? Paris, June 1-2, 2010

As Chair of the OECD High Level Advisory Board on financial management of large-scale catastrophes, Dr. Michel-Kerjan will lead a two-day event on the status of international terrorism insurance markets at the OECD headquarters in Paris, France on June 1-2.

The purpose of the meeting is to interact on the current status of terrorism risk insurance solutions in different countries nine years after the September 11, 2010 attacks against the United States, brainstorm on open questions for the future and learn from best practices. The near-miss incident over Christmas and more recently in New York City are just the latest reminders that these threats are still very much with us. Ensuring fast economic recovery in the event of another large-scale attack is critical. (Re-)Insurance programs play a central role here.

The OECD organized a large conference in the fall of 2004 gathering top decision makers and experts in catastrophe risk financing, which resulted in the report “Terrorism Insurance in OECD Countries” which got a lot of traction. More than 5 years have passed since that report was issued. We see a need to review and update our knowledge about terrorism insurance markets in 2010. Moreover, we will need to communicate our findings to decision makers in the public and private sectors so that their attention does not fade.

100 top leaders in this field, including heads of national terrorism insurance programs from 13 countries, will attend this unique event.

More information @ LINK to EVENT